HomeStreet has appointed Mark R. Patterson to the board of directors of the Company and the board of directors of the Bank. Patterson previously served as Managing Director and Equity Analyst of NWQ Investment Management Co., from 1997 until his retirement in 2014, where he oversaw NWQ's financial services sector investments. He was also a director of FBR & Co. from 2015 until the company's sale in 2017, serving on its audit and compensation committees. The Human Resources and Corporate Governance Committee (the HRCG) of the Board recommended Patterson's appointment as part of its ongoing assessment of the Board's composition and refreshment goals, following a thorough assessment of his background and qualifications.